4 Stocks With Dividend Yields Above 10%

Four companies we have identified have a good track record of paying high dividends. Even the dividend yields which result from them are exceptionally high - as high as 35.42%. The details of each are given below.

Vedanta Ltd

For the year ending March 2023, Vedanta has declared an equity dividend of 10,150% amounting to Rs 101.5 per share. At the current share price of Rs 288.35 this results in a dividend yield of 35.2%.

Hindustan Zinc Ltd

Hindustan Zinc has declared an equity dividend of 3,775% amounting to Rs 75.5 per share for the year ending March 2023. At the current share price of Rs 307.55 this results in a dividend yield of 24.55%.

Steel Authority of India Ltd

Last fiscal ending March 2022, SAIL paid an equity dividend of 87.5% amounting to Rs 8.75 per share. At the current share price of Rs 82.60, this results in a dividend yield of 10.59%.

NMDC Ltd

For the year ending March 2022, NMDC had given a total equity dividend of 1,474% amounting to Rs 14.74 per share. As per the current stock price of Rs 105.75, it results in a dividend yield of 13.94%.

Disclaimer

This article is for information purposes only and is not a recommendation to buy, sell or hold. Greynium Information Technologies and the Author, are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to consult with certified experts before making any investment decision.